Economy, asked by arsalfaraz167, 1 year ago

10 how do banks play important role in the economy of india ?Explain

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Answered by brosunny
1

Answer:

THE banks play an important role in the economy of the country: Banks help people to save their money in safe custody. To save their money, people deposit their money with banks. Banksgive interest on the money deposited by the people.

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